Mallya, who is contesting in a London court the Indian government's action for extradition, is said to have sent feelers to authorities that he would like to join the legal process in India and contest the recent action against him under the Fugitive Economic Offender Ordinance.

Heineken and some of its advisers believe that the shareholder agreement between Mallya and the beer giant has become null and void after India’s ED attached his shares as part of its legal action against the liquor baron.

"The High Court Enforcement Officer, including any enforcement agents acting under his authority, may enter Ladywalk, Queen Hoo Lane, Tewin, Welwyn... and Bramble Lodge, Queen Hoo Lane, Tewin, Welwyn, including all outbuildings of Ladywalk and Bramble Lodge to search for and take control of goods belonging to the First Defendant (Mallya)," notes the order by Justice Byran, dated June 26.

Claiming that he had honestly tried to repay bank loans since 2016, beleaguered tycoon Vijay Mallya on Wednesday denied his offer to settle the dues was linked to the Fugitive Economic Offenders Ordinance.

"If Mallya wanted to pay to the banks, I think he had...many, many years in which he could have done so," Akbar told a press conference, in response to a question about the fugitive liquor baron claiming that he had tried to settle the dues and had become a victim of sorts.